Clear Trail Advisors LLC Makes New $1.74 Million Investment in Procter & Gamble Company (The) $PG

Key Points

• Clear Trail Advisors initiated a new position in Procter & Gamble (NYSE:PG) in Q4, buying 12,172 shares valued at approximately $1.74 million.
• Significant insider selling has occurred recently: Chairman Jon R. Moeller sold 162,232 shares (~$26.35M) and insiders have sold 348,618 shares worth about $55.46M in the last three months.
• P&G has a market cap of about $334.6B and a P/E of 21.33, reported a slight quarterly EPS beat, pays an annualized dividend of $4.23 (yield ~2.9%), and carries a consensus analyst rating of Moderate Buy with a $168.33 target.

Clear Trail Advisors LLC purchased a new position in Procter & Gamble Company (The) (NYSE:PG - Free Report) in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 12,172 shares of the company's stock, valued at approximately $1,744,000.

Several other large investors also recently made changes to their positions in the stock. Brighton Jones LLC raised its position in shares of Procter & Gamble by 51.5% in the fourth quarter. Brighton Jones LLC now owns 40,068 shares of the company's stock valued at $6,717,000 after purchasing an additional 13,617 shares during the period. Taylor Financial Group Inc. boosted its holdings in shares of Procter & Gamble by 10.6% during the 1st quarter. Taylor Financial Group Inc. now owns 2,891 shares of the company's stock worth $493,000 after buying an additional 277 shares during the period. Sivia Capital Partners LLC grew its stake in Procter & Gamble by 19.8% in the 2nd quarter. Sivia Capital Partners LLC now owns 6,144 shares of the company's stock valued at $979,000 after buying an additional 1,016 shares during the last quarter. Auxano Advisors LLC raised its holdings in Procter & Gamble by 10.8% in the 2nd quarter. Auxano Advisors LLC now owns 7,315 shares of the company's stock worth $1,165,000 after acquiring an additional 714 shares during the period. Finally, Schnieders Capital Management LLC. lifted its position in Procter & Gamble by 2.8% during the 2nd quarter. Schnieders Capital Management LLC. now owns 30,182 shares of the company's stock worth $4,809,000 after acquiring an additional 809 shares during the last quarter. Institutional investors own 65.77% of the company's stock.

Procter & Gamble Stock Performance

NYSE:PG opened at $143.97 on Tuesday. The firm's 50-day moving average is $154.08 and its 200-day moving average is $150.53. The company has a market cap of $334.58 billion, a price-to-earnings ratio of 21.33, a PEG ratio of 4.82 and a beta of 0.37. The company has a debt-to-equity ratio of 0.49, a quick ratio of 0.51 and a current ratio of 0.72. Procter & Gamble Company has a 52-week low of $137.62 and a 52-week high of $174.80.

Procter & Gamble (NYSE:PG - Get Free Report) last released its earnings results on Friday, January 23rd. The company reported $1.88 earnings per share for the quarter, beating the consensus estimate of $1.86 by $0.02. Procter & Gamble had a net margin of 19.30% and a return on equity of 32.21%. The business had revenue of $22.21 billion during the quarter, compared to analysts' expectations of $22.36 billion. During the same quarter last year, the company earned $1.88 earnings per share. The firm's revenue was up 1.5% on a year-over-year basis. Equities research analysts anticipate that Procter & Gamble Company will post 6.91 earnings per share for the current year.

Procter & Gamble Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, February 17th. Shareholders of record on Friday, January 23rd were given a $1.0568 dividend. The ex-dividend date was Friday, January 23rd. This represents a $4.23 dividend on an annualized basis and a dividend yield of 2.9%. Procter & Gamble's dividend payout ratio (DPR) is currently 62.67%.

Insider Activity at Procter & Gamble

In other Procter & Gamble news, Chairman Jon R. Moeller sold 162,232 shares of Procter & Gamble stock in a transaction on Thursday, February 12th. The shares were sold at an average price of $162.45, for a total transaction of $26,354,588.40. Following the sale, the chairman owned 319,385 shares in the company, valued at $51,884,093.25. The trade was a 33.68% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CEO Ma. Fatima Francisco sold 5,549 shares of the business's stock in a transaction on Friday, February 27th. The shares were sold at an average price of $165.29, for a total transaction of $917,194.21. Following the completion of the sale, the chief executive officer directly owned 1,029 shares in the company, valued at $170,083.41. This trade represents a 84.36% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 348,618 shares of company stock worth $55,462,643 in the last three months. Company insiders own 0.20% of the company's stock.

Wall Street Analyst Weigh In

PG has been the subject of a number of recent analyst reports. Erste Group Bank upgraded shares of Procter & Gamble from a "hold" rating to a "buy" rating in a report on Wednesday, February 18th. Deutsche Bank Aktiengesellschaft cut their price objective on Procter & Gamble from $176.00 to $171.00 and set a "buy" rating for the company in a research report on Monday, December 8th. BNP Paribas Exane decreased their target price on Procter & Gamble from $172.00 to $164.00 and set an "outperform" rating for the company in a research note on Friday, January 16th. Wells Fargo & Company reaffirmed an "overweight" rating and issued a $177.00 target price on shares of Procter & Gamble in a report on Tuesday, February 17th. Finally, Rothschild & Co Redburn upped their price target on Procter & Gamble from $155.00 to $157.00 and gave the stock a "neutral" rating in a report on Friday, January 23rd. Fourteen investment analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company. Based on data from MarketBeat.com, Procter & Gamble has an average rating of "Moderate Buy" and a consensus target price of $168.33.

Procter & Gamble Profile

Procter & Gamble NYSE: PG is a multinational consumer goods company headquartered in Cincinnati, Ohio. Founded in 1837 by William Procter and James Gamble, P&G has grown into one of the world's largest producers of branded consumer packaged goods. The company focuses on developing, manufacturing and marketing a broad portfolio of household and personal care products sold to consumers and retailers worldwide.

P&G's product offering spans several core business categories, including Beauty, Grooming, Health Care, Fabric & Home Care, and Baby, Feminine & Family Care.

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